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Mastercard and Visa to slash inter-regional fees for tourist cards in EU

/Cards

Mastercard and Visa to slash inter-regional fees for tourist cards in EU

Mastercard and Visa have agreed to cut interchange fees for payments made in Europe by cards issued elsewhere by an average of 40% following an EU anti-trust investigation.

Sainsbury's trials cash and card-free store

/Cards

Sainsbury's trials cash and card-free store

UK supermarket chain Sainsbury's is abolishing the cash register with its first mobile scan and go outlet in London's Holborn Circus.

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Independent coffee shops across the UK unite to collect cashless donations for charity

For the first time ever, 100 of the independent coffee shops taking part in UK Coffee Week - the nation’s largest coffee charity fundraiser - will be collecting contactless donations via iZettle, allowing cashless coffee drinkers to tap-to-donate in seconds using contactless or wearable tech.

/payments

Verifi hires Hitesh Anand As chief product officer

Verifi, Inc., leading provider of chargeback & dispute mitigation services for card-present and card-not-present merchants, today announced that Hitesh Anand has joined its executive team as Chief Product Officer.

/Cards

3C Payment strikes partnership deal with UnionPay

3C Payment, a leading independent payment service provider and UnionPay, the global payment organisation with the world’s largest issued card base, have announced a partnership to expand UnionPay card acceptance in Europe.

Encapsulating themes from the payments market

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Encapsulating themes from the payments market

Marion King, Director of Payments, NatWest, speaks about her role and the responsibility it entails, including determining payments strategy for a major UK Bank, keeping NatWest's customers secure, regulation and innovation, what key themes we are seeing in the payments market and the developments to come.

/payments

Shopify unveils POS hardware

To revolutionize in-person shopping for the world’s fastest-growing brands and their customers, today we’re launching a new retail hardware collection, including three devices: The Shopify Tap & Chip Reader, Dock, and Retail Stand.

/payments

Thales launches payment hardware security module

Thales, a leader in critical information systems, cybersecurity and data protection, announces the availability of a next-generation payment hardware security module (HSM), payShield 10K, enabling customers to adopt new innovative digital payment technologies easily and securely.

/security

NatWest begins customer pilot of biometric card

The first biometric fingerprint card issued by a UK bank enters circulation today. As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers.

/payments

Tap n Go bids to bring cryptocurrency to the high street

Tap n Go (TAP) announces the launch of an innovative Crypto Wallet with payment card access for users that want to buy, sell and exchange digital assets with the convenience of access to traditional fiat currencies.

Tencent invests in Argentine mobile banking startup Uala

/startups

Tencent invests in Argentine mobile banking startup Uala

Chinese Internet powerhouse Tencent has made another investment in the Latin American fintech scene, buying a stake in Argentine mobile banking firm Uala.

/Cards

MatchMove and AsiaTop Loyalty launch prepaid card in Singapore

MatchMove, one of the world’s fastest-growing and leading fintech companies, today announced that it has partnered with AsiaTop Loyalty, a Singapore-based fintech company that provides a groundbreaking technology platform to revolutionize the loyalty rewards industry that is projected at US$7.3 billion by end 2022[1].

Card issuing outfit Marqeta signs first European firms

/devops

Card issuing outfit Marqeta signs first European firms

California-based open API card issuing and processing platform Marqeta is driving ahead with its global expansion efforts, signing up its first four European customers.

/payments

Ixaris makes senior hires

Award-winning global payments company, Ixaris, has bolstered its senior team with the hire of a new Chief Legal and Compliance Officer and Commercial Director.

/Cards

Standard Chartered rolls out instant issuance of digital credit cards in Singapore

Standard Chartered Bank (“the Bank”) today announced the roll out of its instant digital credit card issuance and loans disbursement capability.

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Network International and JCB enable contactless acceptance in the UAE

Network International, (LSE: NETW), the leading payment solutions provider in the Middle East and Africa region, has partnered with JCB International Co., Ltd. (JCBI), international operations subsidiary of JCB Co., Ltd., to launch JCB Contactless acceptance in the UAE.

Visa introduces APIs for digital-first payment experiences

/devops

Visa introduces APIs for digital-first payment experiences

Visa has unveiled a platform with a set of beta APIs and development tools that help issuers and issuer processors build and test digital payment products.

T-Mobile takes on US banks with checking account

/Cards

T-Mobile takes on US banks with checking account

Telecoms giant T-Mobile is taking on the American banks, teaming up with BankMobile to launch an app-based checking account.

/Cards

Barclays US introduces mobile card control features

Barclays US Consumer Bank, one of the nation's fastest-growing credit card issuers and online banks, today announced new digital features that will let cardmembers actively manage a variety of card-related activities within the Barclays mobile app.

/Cards

Brex snags $100 million in debt capital from Barclays

Brex, the first corporate card for startups, and Barclays Investment Bank, today announced a $100 million debt capital raise to help power the next phase of Brex’s growth.

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